Berkshire Hathaway's Q2 13F Portfolio Reshuffle: Increased Stakes in Google and Delta Air Lines, Consecutive Quarter of Cutting Bank of America

marsbitPublished on 2026-08-16Last updated on 2026-08-16

Abstract

Berkshire Hathaway's second-quarter 13F filing, released August 14th, reveals significant portfolio shifts under new leadership. The total portfolio value rose to approximately $299.3 billion. Key highlights include a major increase in Alphabet (Google) holdings. Berkshire's stake in Google-A surged 45.24% to $28.16 billion, while its Google-C holdings jumped 658% to $9.61 billion, making Alphabet the firm's third-largest combined holding after Apple and American Express. Conversely, Bank of America was the largest reduction, with shares cut by 5.89% for the second consecutive quarter, though it remains the fifth-largest holding. Berkshire also increased positions in Delta Air Lines (up 44%) and homebuilder Lennar, while initiating a small new position in D.R. Horton. The consumer sector saw Constellation Brands completely sold off. Overall, the portfolio reflects a continued move toward technology and specific cyclical sectors like housing and airlines, while trimming some financial and consumer stakes. Apple remains the top holding at 22% of the portfolio.

Author: Wall Street News

Following 'Oracle of Omaha' Warren Buffett's resignation as CEO, Berkshire Hathaway has released its second 13F filing.

According to documents disclosed on August 14, Eastern Time, Berkshire's 13F equity portfolio value was approximately $299.3 billion at the end of the second quarter, an increase of 12.09% from approximately $263.1 billion at the end of the first quarter. Overall, Berkshire initiated a position in 1 new stock, added to 7 stocks, reduced holdings in 6 stocks, and completely exited 1 stock in the second quarter.

It is evident that under the leadership of Greg Abel, Berkshire has been continuously increasing its bets on Alphabet, housing, and airlines, while gradually trimming traditional financials and some consumer holdings.

When consolidating Alphabet's two share classes, Berkshire's current top ten holdings are Apple, American Express, Alphabet, Coca-Cola, Bank of America, Chevron, Occidental Petroleum, Chubb, Moody's, and Kraft Heinz.

Apple remains Berkshire's largest holding, with a portfolio value of approximately $65.950 billion, accounting for about 22% of the 13F portfolio value. American Express ranks second with a value of approximately $51.282 billion, a 17.14% share. The combined Alphabet holds the third position. Coca-Cola and Bank of America rank fourth and fifth, respectively.

In the second quarter of this year, Berkshire continued to significantly increase its stake in Alphabet (Google's parent company). Berkshire added approximately 24.54 million shares of Alphabet-A, an increase of 45.24%, bringing the total holding to about 78.79 million shares valued at approximately $28.158 billion. It also added approximately 23.60 million shares of Alphabet-C, a staggering increase of 658.35%, bringing the total holding to about 27.19 million shares valued at approximately $9.606 billion.

This brings the combined value of Alphabet-A and Alphabet-C to approximately $37.764 billion at the end of Q2, representing about 12.62% of the 13F portfolio value, surpassing Coca-Cola to become Berkshire's third-largest holding after Apple and American Express on a consolidated basis.

Additionally, among the top ten holdings, the only stock that was reduced was Bank of America. In the quarter, Berkshire sold approximately 30.20 million shares (based on the period-end price, the reduction was about 30.23 million shares), a decrease of 5.89%, representing a reduction in value of approximately $1.72 billion. This made Bank of America the largest reduction for the quarter. At quarter-end, Berkshire still held 483 million shares of Bank of America valued at approximately $27.544 billion, accounting for 9.2% of the 13F portfolio value, making it the fifth-largest holding. Bank of America remains a significant investment for Berkshire but has now been reduced for two consecutive quarters.

Otherwise, Berkshire's holdings in the remaining top ten stocks remained unchanged in the second quarter.

Regarding other additions, in the second quarter of this year, Berkshire increased its stake in Delta Air Lines by approximately 17.51 million shares, an increase of about 44%, bringing the total holding to 57.32 million shares valued at approximately $5.369 billion. It added about 3.01 million shares of Lennar Corporation Class A, an increase of nearly 30%, and also added about 60,000 shares of Lennar Corporation Class B. Berkshire increased its stake in Macy's by approximately 4.31 million shares, a 141.82% increase. It slightly added about 550,000 shares of The New York Times Company.

The only new position initiated by Berkshire in the second quarter was D.R. Horton, with a small initiation of 3,564 shares worth approximately $580,000.

Regarding reductions, apart from Bank of America, Berkshire also reduced holdings in Ally Financial, Capital One Financial, kidney dialysis service provider DaVita, grocer Kroger, and steel manufacturer Nucor. The alcoholic beverage producer Constellation Brands, which was significantly reduced in the first quarter, was completely sold off by Berkshire in the second quarter.

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
CapricornAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
velodrome
Velodrome FinanceVELODROME
brev
BrevisBREV
cake
PancakeSwapCAKE
dos
DAPPOSDOS

Related Questions

QAccording to the 13F filing, which company became Berkshire Hathaway's third largest holding when Google's Class A and C shares are combined?

AAlphabet (Google's parent company) became Berkshire Hathaway's third largest holding, with a combined value of approximately $37.764 billion, surpassing Coca-Cola.

QWhat were the main categories of stocks that saw increased investment from Berkshire Hathaway in Q2 under Greg Abel's leadership?

AUnder Greg Abel's leadership, Berkshire Hathaway increased investments in technology (Alphabet), housing (Lennar, Horton), and airlines (Delta Air Lines).

QWhich stock was the largest reduction for Berkshire Hathaway in Q2 2024, and was this part of a trend?

ABank of America was the largest reduction, with approximately 30.23 million shares sold (worth about $1.72 billion). This was part of a trend, as it was the second consecutive quarter of减持.

QWhat was the total market value of Berkshire Hathaway's 13F stock portfolio at the end of Q2 2024, and how did it change from the previous quarter?

AThe total market value was approximately $299.3 billion at the end of Q2 2024, representing an increase of 12.09% from the approximately $263.1 billion at the end of Q1.

QWhich company did Berkshire Hathaway completely exit (sell its entire position in) during the second quarter of 2024?

ABerkshire Hathaway completely exited its position in Constellation Brands during the second quarter of 2024.

Related Reads

Anthropic, Dario Amodei, and "The Last Private Company"

The article explores the contrasting narratives surrounding Anthropic and its founder, Dario Amodei. He is portrayed as both a cautious "watchman" warning of AI's existential dangers and an ambitious driver racing to build that very future. The core tension lies in Amodei's belief that since powerful AI is inevitable, Anthropic must lead its development to ensure it's done "responsibly." Driven by personal tragedy—his father's death before a cure arrived—Amodei is obsessed with accelerating science. He co-founded Anthropic after leaving OpenAI over governance concerns, aiming to build top models while establishing safety standards. Anthropic developed "Constitutional AI" to align models and proposed risk-based policies, positioning itself as both creator and regulator. Amodei envisions AI bringing immense benefits, like curing diseases within years. However, his roadmap reveals a geopolitical vision: he argues the US and its allies must secure a dominant, "unipolar" advantage in advanced AI to lock in strategic supremacy before sharing benefits. The article critiques this logic. While Amodei eloquently warns of concentrated corporate power and influence, his solutions consistently grant Anthropic more authority. He disqualifies other actors—markets, the public, rival nations—as unfit to steer the future, ultimately positioning Anthropic as the necessary custodian. This culminates in an alleged, unconfirmed internal vision where Anthropic becomes "the world's only private company." The piece concludes that Amodei, sincerely believing he sees the dangers most clearly, has authored his own justification to hold the wheel.

marsbit12m ago

Anthropic, Dario Amodei, and "The Last Private Company"

marsbit12m ago

Oracle Hacker of Pando Rings Resurfaces and Redirects ETH to Tornado Cash

The wallet associated with the 2022 Pando Rings oracle hack was reactivated on August 18, 2026, after two months of inactivity. The hacker exchanged 3 million DAI for approximately 1,570 ETH (worth ~$3 million) via the CoW Protocol. Subsequently, about 800 ETH (worth ~$1.52 million) was deposited into the Tornado Cash mixer through eight transactions. This event revisits the November 2022 hack, where the attacker manipulated the price of a liquidity token on Pando's 4swap AMM, initially attempting to steal around $70 million. While $21.9 million was withdrawn, Pando, with Mixin Network and SlowMist, froze remaining assets valued over $50 million. The hacker has been periodically active since, including a major purchase of 6,243 ETH for 10 million DAI in June 2026. The recent conversion of stolen stablecoins to ETH and subsequent movement to Tornado Cash follows a known strategy of timing the market and laundering funds. The reactivation coincided with Pando's announcement on August 15, 2026, to sunset its protocol and transition services to maintenance mode. The case underscores how stolen crypto assets can lie dormant for years before being moved through privacy infrastructure. While oracle manipulation attacks have significantly declined in DeFi since 2022, this incident represents a legacy exploit from an earlier security era.

cryptonews.ru16m ago

Oracle Hacker of Pando Rings Resurfaces and Redirects ETH to Tornado Cash

cryptonews.ru16m ago

Jane Street's $990 Million Bitcoin ETF Purchase Brings Attention Back to a Leading Market Maker

Jane Street, a major market maker, has disclosed to the SEC that it holds over $990 million in spot Bitcoin ETFs (approx. 15,394 BTC). This position, primarily in BlackRock's iShares Bitcoin Trust, is significant as Jane Street provides liquidity for multiple Bitcoin ETFs, linking its trading activity to BTC price formation. The firm recently reduced its BTC holdings by 10,800 BTC in Q1 2026, coinciding with a broader institutional outflow and a ~50% BTC price drop from its late 2025 peak. This disclosure follows a rare monthly trading loss of ~$15 billion for Jane Street in July 2026, largely tied to AI sector bets. Despite this, its annual performance remains strong. The move highlights how pivotal market makers are embedded in the Bitcoin ETF ecosystem, influencing both liquidity and institutional demand.

cryptonews.ru18m ago

Jane Street's $990 Million Bitcoin ETF Purchase Brings Attention Back to a Leading Market Maker

cryptonews.ru18m ago

RWA DeFi Deposits Approach $4 Billion After Six-Fold Growth in a Year

The total value of real-world assets (RWA) actively utilized within DeFi protocols has surged to nearly $4 billion ($3.98B), marking a sixfold increase over the past year and an astounding 300x growth over three years. While the total market for tokenized assets stands at $34.55 billion, only about 11.5% of these are actively deployed on-chain in lending pools, DEX liquidity, or vaults. A key distinction lies in asset utilization. Tokenized treasury offerings like BlackRock's BUIDL, representing over $3 billion, see minimal on-chain usage (e.g., 0.66% for BUIDL) as they primarily serve institutional cash management. In contrast, the active $3.98 billion DeFi RWA market is dominated by private credit ($2.13B) and reinsurance ($406.45M), where assets like collateralized loan obligations (CLOs) are heavily utilized as crypto lending collateral, with some protocols reporting utilization rates exceeding 90-150%. The report concludes that the future trajectory of RWA depends on whether new tokenizations follow the low-utility model of treasury funds or the high-utility model of credit and reinsurance assets. Growth in the utilization rate, not just issuance volume, will determine if RWAs become fundamental working collateral in crypto markets.

cryptonews.ru18m ago

RWA DeFi Deposits Approach $4 Billion After Six-Fold Growth in a Year

cryptonews.ru18m ago

Spot Dollar Index Falls to 99.33, Lowest Level Since June 5th

On Monday, August 17, the US dollar fell to its lowest level in two months. The US Dollar Index (DXY) dropped by 0.3% to 99.33, a level last seen on June 5, 2026. The decline followed weaker-than-expected US economic data for July, including a contraction in non-farm payrolls, a 0.6% drop in retail sales, and inflation metrics that merely met forecasts. This combination of data has reduced the likelihood of the US Federal Reserve raising interest rates in the near term. Analysts now estimate a 70% chance the Fed will hold rates steady at its September meeting, a sharp shift from before the August 7 jobs report when a rate hike probability exceeded 50%. In July, the Fed kept its benchmark rate in the 3.50–3.75% range for the fifth consecutive time. As the dollar weakened, the euro rose to a two-month high of $1.1614, and the British pound reached a three-month peak of $1.3571. The Japanese yen traded around 159 yen per dollar despite weak Japanese GDP data, with prior commentary suggesting yen strength could potentially fuel a Bitcoin rally.

cryptonews.ru28m ago

Spot Dollar Index Falls to 99.33, Lowest Level Since June 5th

cryptonews.ru28m ago

Trading

Spot

Hot Articles

What is $BANK

Bank AI: A Revolutionary Step in the Future of Banking Introduction In an era marked by rapid advancements in technology, Bank AI stands at the intersection of artificial intelligence (AI) and banking services. This innovative project seeks to redefine the financial landscape, enhancing operational efficiency, security measures, and customer experiences through the power of AI. As we embark on this exploration of Bank AI, we will delve into what the project entails, its operational dynamics, its historical context, and significant milestones. What is Bank AI? At its core, Bank AI represents a transformative initiative aimed at integrating artificial intelligence into various banking operations. This project harnesses the capabilities of AI to automate processes, improve risk management protocols, and enhance customer interaction through personalised services. The primary objectives of Bank AI include: Automation of Banking Functions: By leveraging AI technologies, Bank AI aims to automate routine tasks, reducing the burden on human resources and enhancing efficiency. Enhanced Risk Management: The project utilises AI algorithms to predict and identify risks, thereby fortifying security measures against fraud and other threats. Personalisation of Banking Services: Bank AI focuses on offering tailored financial products and services by analysing customer data and behaviours. Improving Customer Experience: The implementation of AI-driven solutions, such as chatbots and virtual assistants, aims to provide users with more human-like interactions, revolutionising the way customers engage with banks. With these goals, Bank AI positions itself as a crucial player in rendering banking more efficient, secure, and user-centric. Who is the Creator of Bank AI? Details regarding the creator of Bank AI remain unknown. As such, no specific individual or organisation has been identified in the available information. The anonymity surrounding the project's inception raises questions but does not detract from its ambitious vision and objectives. Who are the Investors of Bank AI? Similar to the project's creator, specific information regarding the investors or supporting organisations of Bank AI has not been disclosed. Without this information, it is challenging to outline the financial backing and institutional support that might be propelling the project forward. Nevertheless, the importance of having a robust investment foundation is pivotal for sustaining development in such an innovative field. How Does Bank AI Work? Bank AI operates on several innovative fronts, focusing on unique factors that differentiate it from traditional banking frameworks. Below are key operational features: Automation: By applying machine learning algorithms, Bank AI automates various manual processes within banks. This results in reduced operational costs and allows human workers to redirect their efforts towards more strategic activities. Advanced Risk Management: The integration of AI into risk management practices equips banks with tools to accurately predict potential threats such as fraud, ensuring that customer information and assets remain secure. Tailored Financial Recommendations: Through continuous learning from customer interactions, the AI systems develop a nuanced understanding of user needs, enabling them to offer tailored advice on financial decisions. Enhanced Customer Interactions: Utilizing chatbots and virtual assistants powered by AI, Bank AI enables a more engaging customer experience, allowing users to have their queries resolved quickly, thus reducing wait times and improving satisfaction levels. Together, these operational features position Bank AI as a pioneer in the banking sector, establishing new benchmarks for service delivery and operational excellence. Timeline of Bank AI Understanding the trajectory of Bank AI requires a look at its historical context. Below is a timeline highlighting important milestones and developments: Early 2010s: The conceptualisation of AI integration into banking services began to gain attention as banking institutions recognised the potential benefits. 2018: A marked increase in the implementation of AI technologies occurred when banks started using AI tools like chatbots for basic customer service and risk management systems for improved security handling. 2023: The sophistication of AI continued to advance, with generative AI being introduced for more complex tasks such as document processing and real-time investment analysis. This year marked a significant leap in the capabilities afforded to banks by AI technology. 2024-Current Status: As of this year, Bank AI is on an upward trajectory, with ongoing research and developments poised to further enhance capabilities in banking operations. Continued exploration of AI applications hints at exciting developments yet to come. Key Points About Bank AI Integration of AI in Banking: Bank AI focuses on adopting artificial intelligence to streamline banking processes and improve user experiences. Automation and Risk Management Focus: The project strongly emphasises these areas, aiming to shift the burden of routine tasks while enhancing security frameworks through predictive analytics. Personalised Banking Solutions: By harnessing customer data, Bank AI enables tailored banking services that cater to individual user needs. Commitment to Development: Bank AI remains committed to ongoing research and development efforts, ensuring its adaptability and ongoing relevance as technology continues to evolve. Conclusion In summary, Bank AI exemplifies a crucial step forward in the banking industry, leveraging artificial intelligence to reshape operational paradigms, enhance security, and promote customer satisfaction. Despite gaps in information surrounding the creator and investors, the clear objectives and functional mechanisms of Bank AI provide a strong foundation for its ongoing evolution. As AI technology continues to advance and merge with the banking sector, Bank AI is well-positioned to significantly impact the future of financial services, enhancing the way we understand and interact with banking.

397 Total ViewsPublished 2024.04.06Updated 2024.12.03

What is $BANK

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of BANK (BANK) are presented below.

活动图片

Top Questions